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The Federal Reserve’s rate hikes over the past year and a half may be harming the economy, Federal Reserve Bank of Minneapolis President Neel kashkari said Tuesday.

The Treasury Department Tuesday auctioned $20 billion of four-week bills at a 1.300% high yield, a price of 99.898889.

Opponents withdrew petitions for a threatened referendum that had stalled plans to issue bonds for the Quicken Loans Arena rehab.

Although the holiday shortened week curbs muni volume to less than $4 billion it should not impact demand. Municipal market participants will have their eyes on the sizeable deals of the week.

One of the older school districts in Stephens County, Velma-Alma Public Schools, Okla. is hoping to pass a $350,000 bond to modernize their cafeteria building.

Kevin Lembo says rating agencies are poised to hammer the state and its cities again.

Five winners of the Carey Gabay scholarship program were announced on Monday, New York Gov. Andrew Cuomo announced.

New Jersey’s Cooper University Health announced plans to acquire three Catholic hospitals in a deal that would create the state’s fourth largest healthcare chain.

Top-rated municipal bonds were stronger at mid-session according to traders who were returning to their desks on Tuesday and looking ahead to the week’s lighter-than-average holiday week calendar.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 1.020% high rate, up from 1.020% the prior week, and the six-months incurred a 1.115% high rate, unchanged from 1.115% the week before.